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SBA expands mentor-protégé program

On August 24, 2016, the new rule establishing an expanded mentor-protégé program of the Small Business Administration (SBA) took effect. Formerly, the mentor-protégé program was limited to participants in the SBA 8(a) program, which is only available to businesses owned by socially and economically disadvantaged individuals. The new program expands the mentor-protégé program to—

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